Market Updates
Inflation Measure PCE Index Accelerated In April
Brian Turner
26 May, 2023
New York City
Personal consumption expenditure increased 0.4% in April from the previous month and rose 4.4% from a year ago, the U.S. Bureau of Economic Analysis reported Friday.
Prices for goods increased 0.3% and prices for services increased 0.4% and food prices decreased less than 0.1%, and energy prices increased 0.7%.
Core personal consumption expenditure, which excludes food and energy, accelerated to 0.4% in April from March.
On a yearly basis, core PCE increased 4.7%.
Annual Returns
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